2024 401k Contribution Limit Over 55 . — employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from $22,500 in 2023 to $23,000 in 2024. Those 50 and older can contribute an additional.
For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit. — for 2024, the 401(k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.
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